The Azerbaijan State News Agency

Our COP29 Presidency is praised by the international community – INTERVIEW

Our COP29 Presidency is praised by the international community – INTERVIEW

Member of the COP29 Organizing Committee Parvana Valiyeva: “First of all, G7 and to a certain extent G20 countries must understand their responsibility, make relevant decisions and reach a consensus.”

Baku, September 27, AZERTAC

A member of the COP29 Organizing Committee, MP Parvana Valiyeva, has answered our questions about expectations for COP29, Azerbaijan's leadership in preventing climate change and other issues. Here is the interview with Parvana Valiyeva.

- Mrs. Valiyeva, it is well known that one of the world’s most prestigious events, the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) will be held in Baku from November 11 to 22 of this year. What are the main expectations from COP29?

- The main expectation from COP29 is the agreement of a new financial amount for climate action to be paid by developed countries to developing ones. While the previous climate finance target of $100 billion was to be paid by 2020, it was reached only in 2022, according to reports.

The main goal facing the Parties at COP29 will be to determine the new amount. The current financial target of $100 billion is not enough to limit global warming to 1.5 degrees Celsius above pre-industrial levels and solve the problems of countries most affected by climate change.

- Then other steps are required …

- Indeed, this target needs to be significantly increased to at least $500 billion or even $1 trillion. The global community expects this from developed countries. Serious work should be done in this area.

In this matter, first of all, G7 and to some extent G20 countries should understand their responsibility, make appropriate decisions and reach a consensus.

- What can you say about Azerbaijan's efforts as COP29 Presidency?

- Azerbaijan's COP29 Presidency is making every effort to reach agreement on a new climate finance goal between developed and developing countries and achieve a result based on consensus. The COP29 Presidency calls on developed countries and international financial institutions to take action and it is carrying out continuous engagement to support this objective. In addition, meetings are held on a regular basis and in a constructive manner with Parties, international organisations and other stakeholders.

As an example, we hosted informal consultations with Heads of Delegations in Azerbaijan from July 25-28, 2024 to discuss the key issues on the COP29 agenda.

- Is Azerbaijan’s COP29 Presidency praised by the international community and does COP29 receive the necessary level of international support?

- The COP29 Presidency attaches special importance to the problems of Small Island Developing States (SIDS), countries that suffer the most from the negative effects of climate change, and the support Azerbaijan has provided to them is appreciated by the international community.

Recently, the Pact for the Future was adopted as the key result of the Summit of the Future held in New York on September 22-23. This document outlines the primary areas of countries’ actions in the coming years and contains a separate paragraph on COP29.

Also, a number of heads of state and government ministers referred to COP29 in their speeches both in the Summit of the Future and the 79th session of the UN General Assembly.

UN Secretary General Antonio Guterres noted that COP29 is approaching and said that the outcome of the event should be a new climate finance target.

The President of the Republic of Türkiye Recep Tayyip Erdoğan has said that the most important factors in providing support for developing countries in the context of climate change are finance, technology sharing and capacity building. He believes that COP29 Azerbaijan will contribute to the solution of these issues.

During the session, developing countries called for the amount of climate finance to increase from $100 billion during COP29 Azerbaijan.

In addition, the Maldives, the Marshall Islands, the United Kingdom, Belgium, Monaco, Kenya, Fiji and other states referred to COP29 in their speeches in New York.

This demonstrates the importance of COP29 as a historic event and highlights Azerbaijan's leading role in combatting climate change, which is one of the biggest problems currently affecting the world.

President of the Republic of Azerbaijan Ilham Aliyev stressed that developed and developing countries should contribute to the solution of climate problems within their capabilities instead of accusing and blaming each other for climate change. Although our country is working towards achieving the historic agreement in Baku, the Baku Agreement, joint efforts and the constructive participation of all Parties is needed to achieve tangible progress. All parties have a collective responsibility in this matter.

- Can we hope that during the Baku conference states will reach a consensus with the leadership of Azerbaijan on the issue of climate change, one of the biggest problems of our time?

- COP29 has called on the international community to reach consensus on an ambitious new climate finance goal. If no consensus is reached in Baku, then it will have a negative impact on the future of climate negotiations.

As President Ilham Aliyev emphasized, our country will spare no effort during COP29 to create a bridge between developed and developing countries, achieve consensus and ensure COP29 is a success.

Share news on social media

Follow us on social network

Presidential representative: Beekeeping in Kalbajar entering a new stage

Azerbaijan represented at 15th ISSA General Assembly

Diplomatic corps representatives conclude visit to Garabagh and East Zangezur

Foreign Ministry of Azerbaijan: Consultation held under mandate of Belém Mission to 1.5 Troika

Hikmet Hajiyev: As a result of President Ilham Aliyev's policy, Kalbajar is being rebuilt and revived

Top stories update

Chinese diplomat: Every time, I witness great changes in Shusha and Khankendi

Diplomatic corps representatives visit “Istisu” mineral water plant in Kalbajar

Iraq closes several border crossings after drone strikes on Saudi pipeline

Diplomatic corps representatives tour Khudavang Monastery Complex in Kalbajar

LCOY Azerbaijan 2026 climate change conference to adopt National Youth Declaration

Lebanese president rules out new negotiations with Israel for now

CIA warned of threat of 'explosive airplane' years before 9/11, documents show

Fenerbahce's head coach to remain in his post: Club

Trump to meet Irish leader Micheál Martin during visit

Azerbaijani oil price exceeds $120

Nepal says $4.7B required for reconstruction after flash floods kill 1,385, while 5,130 remain missing

Top stories update

Diplomatic corps representatives visit Ganjasar Monastery in Aghdara

Diplomats accredited in Azerbaijan continue their tour of Garabagh and East Zangezur

First day of diplomatic corps representatives’ tour of Garabagh and East Zangezur wraps up

Mexico’s Independence Day celebrated in Shusha

UAE, Germany hold 12th Joint Economic Committee to strengthen trade, investment partnership

Pakistan reports fourth polio case of 2026 in KP

Taishan Mountain to host inaugural world robot competition

Hikmet Hajiyev: Mexico’s support for Azerbaijan’s territorial integrity is of particular importance

Hikmet Hajiyev: Significant opportunities exist for developing cooperation between Azerbaijan and Mexico

Mexico intends to intensify investment and trade ties with Azerbaijan

Assistant to President: Celebration of Mexico's Independence Day in Shusha lays the foundation for a new tradition

Azerbaijani and Mexican universities to implement joint projects

Israeli Health officials investigate suspected Ebola infection

Mexican ambassador: Azerbaijan and Mexico have expanded political dialogue and institutional contacts

Türkiye detains 27 suspects over alleged plans to attack schools

Azerbaijan hosts Local Conference of Youth on climate change

Africa's top health body warns Congo's Ebola outbreak is rapidly spreading beyond epicenter

Mercury is shrinking faster than we thought. What's going on inside of it?

Azerbaijan Railways passenger numbers up 18 percent in January–August

® Bank Respublika and AccessBank shareholders approve landmark transaction

Ambassador Maksat Mamytkanov: Major plans to develop cooperation between cities of Azerbaijan and Kyrgyzstan

SOCAR holds roundtable with young media representatives as part of Baku Climate Action Week

Iran says Oman to host regional meeting on Hormuz shipping on Monday

Azerbaijan makes winning start at ‘See Breeze 2026’ Beach Polo Tournament

At least 46,000 displaced as fighting escalates in Yemen: UN migration agency

Pakistani expert: Zangezur Corridor will turn Nakhchivan from a geographical enigma into a gateway between two markets - INTERVIEW

Diplomatic corps representatives tour Khankendi sewing factory

Azerbaijan’s tourism potential showcased at exhibition in Riyadh

Regulations Working Group meeting held within 5th Azerbaijan-Türkiye Energy Forum

Top stories update

Diplomatic corps representatives visit Shusha

Regional expert: Türkiye–Azerbaijan alliance shows the world that brotherhood can be a strategy for peace

® Following the acquisition by ABB Bank, Davr Bank’s international ratings have been upgraded

Azerbaijan’s Prosecutor General visits Kazakhstan

SOCAR takes active role in Baku Climate Action Week

Uzbek Ambassador: Long-term urban development concept underway in Khankendi

Ambassador: China stands ready to expand its involvement in development of Middle Corridor

‘Azerbaijan has transported 561 million tons of oil to Türkiye and international markets via Türkiye’

Azerbaijan’s Economic Council holds meeting on 2027 budget and economic forecasts

Diplomatic corps representatives view ongoing work at New Shusha Mosque

Representatives of diplomatic corps visit Khankendi Cultural Center

BCAW2026 features discussion on innovations for a climate-resilient future

China-Azerbaijan trade reaches $2.22 billion in first half of 2026

Agricultural production increases by 2.6 pct in eight months

SOFAZ expands investment cooperation in China

Kyrgyzstan and China agreed to open direct flight from Bishkek to Sanya

Azerbaijan joins session of CIS Interstate Council for Hydrometeorology

Hikmet Hajiyev: Recent meeting between Azerbaijani and Armenian leaders took place in very constructive atmosphere

Hikmet Hajiyev: Azerbaijan will continue to exert additional efforts to establish lasting peace in the region

® Bir brings over 1,000 young people together at the “Spark ’26” festival

Representatives of diplomatic corps visit Garabagh University

Chinese tourism representatives visit Azerbaijan

Energy Ministers of Azerbaijan and Türkiye meet in Baku

Assistant to President: We have received an enquiry by our diplomatic corps regarding an announcement for a visit Nakhchivan

Houthis seize strategic Perim Island in Bab el-Mandab Strait

Hikmet Hajiyev: Azerbaijan was one of first countries to join international alliance in fight against terrorism

Oil prices ease but remain above $100 as Mideast supply risks persist

Azerbaijan and Cambodia finalize provisions of draft Double Taxation Avoidance Agreement

Presidential assistant: More than 45 settlements reconstructed and made available to former IDPs since 2020

® Transaction between ABB Bank and Davr Bank completed

Attracting investment, expanding trade are key priorities in economic relations with China, Bulgarian Deputy PM Poulev says

Hikmet Hajiyev: Landmine incidents impede Azerbaijan’s reconstruction efforts

Baku hosts 5th Azerbaijan-Türkiye Energy Forum

Hikmet Hajiyev: Azerbaijan continues to exert additional efforts to restore, build, and protect its cultural heritage

® Birbank operations at 6,500 Milliön terminals are commission-free

Representatives of diplomatic corps visit Khankendi Railway and Bus Terminal Complex

President’s Special Representative: 28,000 people live, work and study in Khankendi

Delegation of Azerbaijan’s Constitutional Court embarks on working visit to Georgia

Presidential representative: Global climate processes not moving in right direction

Mine explosion injures one in Aghdara

Representatives of diplomatic corps visit Victory Park in Khankendi

Top stories update

Tesla unveils driverless Cybercab in Japan for 1st time

Uzbekistan’s international reserves exceed $72 billion

Diplomats accredited in Azerbaijan embark on Garabagh and East Zangezur tour

Uzbekistan and Japan strengthen cooperation in the energy sector

Azeri Light nears $120

Coach crash kills several people in Swiss Alps

Oil prices sink on global markets

China calls for political settlement of Iranian nuclear issue

Gold and silver prices fall in global markets

Dinosaur fossil found deep underground in drill core in north China